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Pakistan Oil Tanker Makes Rare Entry and Exit Through Hormuz
A Pakistan-flagged tanker that entered the Persian Gulf over the weekend has become the first carrier to exit through the Strait of Hormuz with a crude cargo since a US blockade began on Monday, underscoring just how limited traffic through the vital chokepoint remains.
UAE accelerates nationwide infrastructure push with major projects across sectors
Abu Dhabi: Infrastructure development projects launched across the UAE in 2026 reflect a comprehensive national vision aimed at advancing development across sectors and enhancing quality of life for all residents.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Spanning energy, water, transport, roads, urban development and economic sectors, the projects highlight the UAE’s commitment to strategic planning, efficient delivery and the adoption of advanced...
Billion-dollar companies that cut hundreds of jobs in 2026 and 'blamed' AI
Several tech companies, including Snap, Block, Atlassian, and Pinterest, have recently announced significant layoffs, citing advancements in artificial intelligence as a primary driver. While some executives claim AI is enabling greater efficiency and a new way of working, others suggest AI is being used as a pretext for cost-cutting measures.
Fresh workers’ protest erupts in Noida over salary hike demand, police deployed
Fresh protests erupted in Noida over salary hikes, while police revealed social media accounts from Pakistan allegedly fueled earlier labor unrest. Investigations point to a coordinated effort involving digital misinformation and on-ground mobilization by groups like Mazdoor Bigul Dasta, with several arrests made and more accused sought.
Betashares Says Australian ETFs Gaining Investor Favor
Alex Vynokur, Founder & CEO of Australia's second largest ETF provider Betashares, says strong retail participation and adoption by independent financial advisors have helped the country's ETF sector grow. He speaks on ETF IQ Asia. (Source: Bloomberg)
India slips to 6th-largest economy: What IMF's latest data shows
India slips to thlargest economy What IMFs latest data shows
Pakistan, Saudi Arabia sign agreement to extend $3bn deposit
Pakistan and Saudi Arabia on Friday signed an agreement to extend a $3 billion deposit from the Saudi Fund for Development (SFD). Saudi Arabia, earlier this week, pledged an additional $3 billion in deposits for Pakistan and extended its existing $5bn facility for a further three years. “The agreement, signed between the Saudi Fund for Development (SFD) and the State Bank of Pakistan (SBP), provides for the extension in the maturity of a USD 3 billion deposit placed by SFD with the State Bank of...
Oil prices fall again amid Middle East ceasefire hopes after Wall Street sets another record
NewsBusinessOil prices fall again amid Middle East ceasefire hopes after Wall Street sets another recordAsian stocks are down, however, with investors watching for signs of a ceasefire extension between the US and IranChan Ho-Him Friday 17 April 2026 05:50 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":tr...
Asian stocks today: Stocks ease but set for weekly gains amid optimism on war de-escalation
Asian markets saw a slight dip Friday after a strong rally, as investors braced for a crucial weekend potentially impacting the Middle East conflict. Despite ceasefire hopes and easing oil prices, caution persists. Wall Street's record highs offered some support, while currency markets reflected reduced risk aversion, though the Strait of Hormuz closure remains a concern.
भारत अब कहां से लाएगा तेल? US ने रूस और ईरान को दी गई छूट खत्म की
US
Filipino billionaire Enrique Razon looks for new gas fields to power Philippines’ future
Manila: Filipino billionaire Enrique 'Ricky' Razon Jr.’s energy firm is pressing beyond the aging Malampaya gas field in a bid to expand the country’s long-term domestic gas supply and reduce reliance on imported fuel. Prime Energy Resources Development B.V., the Razon-led operator of Malampaya, said it has an “ongoing study” to explore potential new gas blocks outside the current field area, according to Prime Energy President and CEO Donnabel Kuizon Cruz.Philippines hits fresh jackpot with suc...
Crystal Palace must learn from nervy European run if they are to lift another trophy
Crystal Palace’s debut European campaign has been fraught with nerves the whole way through, and their progression to the semi finals of the UEFA Conference League followed that same script.Their healthy 3-0 lead going into the second leg against Fiorentina meant there was some margin for error, but a 2-1 defeat at the Stadio Artemio Franchi was more nervy than the scoreline suggested. Despite an excellent opening half hour, Palace faded in a fashion that has become all too familiar over the cou...
Calm and composed, Priyanka Gandhi's Lok Sabha speech wins praise, amuses Amit Shah
Calm and composed Priyanka Gandhis Lok Sabha speech wins praise amuses Amit Shah
Stock Rally Stalls as Markets Await Iran Ceasefire | The Asia Trade 4/17/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Gurugram circle rates up to 75%: How much will home prices rise now?
Gurugram circle rates up to How much will home prices rise now
Akshaya Tritiya drives a surge in mango prices in Pune amid delayed arrivals
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होम लोन की कितनी EMI ड्यू होने पर नीलाम हो जाता है मकान?
EMI
China Moves to Slow Yuan Rally by Cooling Fixing Volatility
MarketsChina Moves to Slow Yuan Rally by Cooling Fixing VolatilityFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Bloomberg NewsApril 17, 2026 at 3:54 AM UTCBookmarkSaveChina’s central bank is using its daily reference rate to temper the yuan’s rally as the currency’s outperformance during the Iran war...
Rs 8 lakh crore stuck: How delayed payments are hurting India's MSMEs
Rs lakh crore stuck How delayed payments are hurting Indias MSMEs
IRSA raises water releases from major reservoirs, boosting hydropower output
The Indus River System Authority (IRSA) has increased water releases from major reservoirs in response to rising provincial demand, leading to a significant rise in hydropower generation and improved power supply conditions, according to official statements on Friday, according to a notification from IRSA. According to ISRA, discharge from Tarbela Dam has been raised from 8,000 to 30,000 cusecs, while Mangla Dam is currently releasing around 15,000 cusecs. Water allocations for provinces have...